Banking Contracts in South London

Banking
London > South London

The table below looks at the prevalence of the term Banking in contract job vacancies in South London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 14 June 2024, comparing them to the same period in the previous two years.

6 months to
14 Jun 2024
Same period 2023 Same period 2022
Rank 32 17 29
Rank change year-on-year -15 +12 -6
Contract jobs citing Banking 6 34 28
As % of all contract jobs advertised in South London 2.76% 9.24% 7.31%
As % of the General category 5.13% 13.77% 13.21%
Number of daily rates quoted 4 34 15
10th Percentile £481 £463 £535
25th Percentile £509 £525 £569
Median daily rate (50th Percentile) £563 £738 £625
Median % change year-on-year -23.73% +18.00% +8.70%
75th Percentile £647 £900 £769
90th Percentile £754 - £845
London median daily rate £650 £671 £650
% change year-on-year -3.06% +3.15% +8.33%

All General Skills
South London

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in South London.

Contract vacancies with a requirement for common skills 117 247 212
As % of all contract IT jobs advertised in South London 53.92% 67.12% 55.35%
Number of daily rates quoted 77 186 162
10th Percentile £235 £325 £356
25th Percentile £409 £450 £455
Median daily rate (50th Percentile) £475 £550 £550
Median % change year-on-year -13.64% - +3.77%
75th Percentile £575 £650 £638
90th Percentile £638 £775 £734
London median daily rate £575 £600 £580
% change year-on-year -4.17% +3.45% +7.41%
Number of hourly rates quoted 11 14 5
10th Percentile £15.43 £18.75 £23.01
25th Percentile £17.00 £20.87 £38.40
Median hourly rate £22.50 £50.42 £45.00
Median % change year-on-year -55.37% +12.04% -
75th Percentile £83.75 £54.49 £48.59
90th Percentile - £55.55 £50.32
London median hourly rate £30.16 £30.00 £35.50
% change year-on-year +0.53% -15.49% +22.41%

Banking
Job Vacancy Trend in South London

Job postings citing Banking as a proportion of all IT jobs advertised in South London.

Job vacancy trend for Banking in South London

Banking
Contractor Daily Rate Trend in South London

3-month moving average daily rate quoted in jobs citing Banking in South London.

Daily rate trend for Banking in South London

Banking
Daily Rate Histogram in South London

Daily rate distribution for jobs citing Banking in South London over the 6 months to 14 June 2024.

Daily rate histogram for Banking in South London

Banking
Contractor Hourly Rate Trend in South London

3-month moving average hourly rates quoted in jobs citing Banking in South London.

Hourly rate trend for Banking in South London

Banking
Contract Job Locations in South London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the South London region over the 6 months to 14 June 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Bromley -2 4 £575 -
Sutton +1 1 £475 +26.50%
Banking
London

Banking
Co-occurring Skills and Capabilities in South London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (16.67%) SharePoint
Applications
1 1 (16.67%) Microsoft Office
1 1 (16.67%) Microsoft PowerPoint
General
1 3 (50.00%) Finance
2 2 (33.33%) Investment Banking
2 2 (33.33%) Social Skills
3 1 (16.67%) Analytical Skills
3 1 (16.67%) Front Office
3 1 (16.67%) Organisational Skills
Job Titles
1 3 (50.00%) Project Manager
1 3 (50.00%) Scrum Master
2 2 (33.33%) ScrumMaster Project Manager
3 1 (16.67%) Agile Project Manager
3 1 (16.67%) Agile Scrum Master
3 1 (16.67%) Delivery Project Manager
3 1 (16.67%) Developer
3 1 (16.67%) Infrastructure Manager
3 1 (16.67%) Infrastructure Project Manager
3 1 (16.67%) Payments Tester
3 1 (16.67%) React Developer
3 1 (16.67%) Technical Manager
3 1 (16.67%) Technical Project Manager
3 1 (16.67%) Tester
3 1 (16.67%) UAT Tester
Libraries, Frameworks & Software Standards
1 1 (16.67%) CSS
1 1 (16.67%) HTML
1 1 (16.67%) React
Miscellaneous
1 3 (50.00%) Management Information System
2 1 (16.67%) Algorithms
2 1 (16.67%) Data Structures
2 1 (16.67%) Derivative
2 1 (16.67%) Fixed Income
2 1 (16.67%) Foreign Exchange (FX)
2 1 (16.67%) Mainframe
2 1 (16.67%) PMI
2 1 (16.67%) Product Ownership
2 1 (16.67%) Robotics
2 1 (16.67%) SWIFT Messaging Network
Processes & Methodologies
1 5 (83.33%) Agile
2 4 (66.67%) Scrum
3 2 (33.33%) Change Management
3 2 (33.33%) Project Delivery
4 1 (16.67%) Business Intelligence
4 1 (16.67%) Computer Science
4 1 (16.67%) Continuous Delivery
4 1 (16.67%) Design Patterns
4 1 (16.67%) Mathematics
4 1 (16.67%) Matrix Management
4 1 (16.67%) OOP
4 1 (16.67%) Physics
4 1 (16.67%) Problem-Solving
4 1 (16.67%) Project Management
4 1 (16.67%) Risk Management
4 1 (16.67%) Scenario Testing
4 1 (16.67%) Service Management
4 1 (16.67%) Six Sigma
4 1 (16.67%) User Acceptance Testing
4 1 (16.67%) Waterfall
Programming Languages
1 3 (50.00%) Python
2 2 (33.33%) SQL
3 1 (16.67%) Java
3 1 (16.67%) JavaScript
Qualifications
1 1 (16.67%) Computer Science Degree
1 1 (16.67%) Degree
1 1 (16.67%) Numerate Degree
1 1 (16.67%) PMI Certification
1 1 (16.67%) PMP
1 1 (16.67%) Six Sigma Black Belt
1 1 (16.67%) Six Sigma Green Belt
Quality Assurance & Compliance
1 1 (16.67%) QA
Vendors
1 1 (16.67%) Microsoft
1 1 (16.67%) Splunk